Monday, January 21, 2013

Obama & Debt limit: A record of being fiscally irresponsible

Obama has raised the US Debt over $6 Trillion dollars in the past four years. Today the US Debt stands at $16.46 Trillion and skyrocketing... See the US Debt clock here for more Obama has zero interest in addressing this issue.

Obama has had no budget for four years running now, two of which he controlled the House and Senate. Obama has also had a record Four Straight Years of Trillion Dollar Deficits  Under Obama S&P Downgrades U.S. Credit Rating From AAA for FIRST time ever  

Obama opposes a Balanced Budget Amendment. Obama opposes a Cut, Cap and Balance approach. Fact is Obama wants to keep spending more money and flat out tax you more. Obama wants to be King and for you to grant him a credit card with no limits. A sobering chart shows you what that holds for our children forward.

Each American's Share of Publicly Held Debt Is Skyrocketing

As Washington continues to spend dramatically more than it can afford, every American will be on the hook for increasing levels of debt. Without reining in spending, the amount of debt per citizen will skyrocket.
Each American's Share of Publicly Held Debt Is Skyrocketing
Sources: U.S. Census Bureau and Congressional Budget Office (Alternative Fiscal Scenario).

Via - Heritage

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